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ASSESSING COMPETITION WITH THE PANZAR-ROSSE MODEL: THE ROLE OF SCALE, COSTS, AND EQUILIBRIUM

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Date

2012

Authors

Shaffer, Sherrill
Bikker, Jacob A
Spierdijk, Laura

Journal Title

Journal ISSN

Volume Title

Publisher

MIT Press

Abstract

The Panzar-Rosse test has been widely applied to assess competitive conduct, often in specifications controlling for firm scale or using a price equation. We show that neither a price equation nor a scaled revenue function yields a valid measure for compe

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Keywords

Citation

URI

http://hdl.handle.net/1885/72314

Collections

ANU Research Publications

Source

Review of Economics and Statistics

Type

Journal article

Book Title

Entity type

Access Statement

License Rights

DOI

10.1162/REST_a_00210

Restricted until

2037-12-31

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01_Shaffer_ASSESSING_COMPETITION_WITH_THE_2012.pdf (208.93 KB)

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